1 bedroom flat for sale

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1 bedroom flat for sale

Prince Of Wales Road, Cromer NR27
£147,000

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 1-bedroom flat in Cromer is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, rear garden, bathroom, and kitchen, making it a comfortable home for tenants. Currently, the property generates an annual gross income of £7,800 with tenants already situated, and with a potential for future rental income, it's a worthwhile addition to any portfolio. The current tenants have lived in the property for several years and have consistently paid their rent, with no intentions to move out, making for a smooth transition for the buyer.